Lindsey Konchar
Building my MN REI team!
30 December 2024 | 3 replies
I highly suggest you use our marketplaces to find trusted, investor-friendly team members: Tax Pro finder: https://www.biggerpockets.com/business/finder/tax-and-financ...Lender finder: https://www.biggerpockets.com/business/finder/lendersProperty manager finder (if you go that route and don't self manage): https://www.biggerpockets.com/business/finder/property-manag...
Jennifer Stammberger
RE Cold calling companies
1 January 2025 | 11 replies
Any realtors out there can suggest any and explain your experience with them?
Gash Nookala
Newly built property in Huntsville in Market for rent for more than 2 months
23 December 2024 | 9 replies
I have put the rental price below the market (as suggested by local real estate agents).
Jorge Acuna
real estate attorney
27 December 2024 | 3 replies
I would suggest that you make sure your Attorney records the deed as well.
Shannon Erickson
Prescott Arizona REI Folks
28 December 2024 | 0 replies
For the immediate time, I'd love any contractors and handymen suggestions, but eventually, to work with agents to buy and sell in the area.
Sufyan Ahmed
Newbie to the real estate
3 January 2025 | 7 replies
I wouldn't suggest you buy a single-family home to live in because the additional cost outweighs the benefits.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
Patricia Andriolo-Bull
Stessa - 179 deductions
10 January 2025 | 12 replies
They might have suggestions or updates that could help with this specific issue.
Ricardo Lemus
The rent does not cover all
19 January 2025 | 10 replies
@Joe Villeneuve @Theresa Harris, thanks a lot for taking the time and provide some info/ideas/suggestionsTo give you some color for these properties, there is a 15 years-plan that my wife and I are planning to have arround 5 to 7 properties in the same $$$ range (-+ $200K) that we can rent them around $1600-$1800I believe after 10 yrs, I am expecting to a better cash flow considering some loans will be paid in full, but maybe the next properties will have as you suggest 30 year-loan.
Ven Bud
Rookie question on negative cashflow investment
13 January 2025 | 7 replies
As far as calculating cashflow, I would still suggest considering all the PITI and other overhead expenses.